Macro Economic Performance Related to Revenue

Contents : 1. Introduction of Goods and Services Tax (GST). 2. A Historical Step. 3. Issues and Prospects. 4. Canons of Taxation and the Indian Way Forward. 5. GST : A Historical Reform. 6. A Landmark Tax Reform Since Independence. 7. Challenges and Remedial Measures. 8. Transition to a “One Nation, One Tax”; An Overview of Goods and Services Taxes in India. 9. GST and Economic Growth of India; Goods and Services Tax (GST) : Pros and Cons. 10. Growth Engine of Nation. 11. Boon or Bane for India; SWOT Analysis of GST in India. 12. Issues Related to GST Implementation. 13. Tax Evasion Problem in India. 14. Goods and Services Tax Reform in India. 15. Macro Economic Perspectives of Income Tax as a Contributor to Economic Growth. 16. Macro Economic Performance Related to Revenue : Issues Related to Goods and Services Tax (GST) Implementation.

About the Book On the macro level revenue of the country from taxation plays a key role in making the state financial sound. Effective taxation ensures that public finances are sustainable in largest terms to support social objectives and promote economic development. But complexity of the Indian tax system for raising revenue has, however, always perplexed the best of minds in the taxable world. Goods and Services Tax (GST) will be a fillip to “Make in India” as well as ease of doing business. GST will also prove to be a game changer as it will make Indian products competitive in the domestic as well as the international markets leading to an overall increase in exports. It will also help in creating a uniform national market at making the dream of “One Nation, One Tax, One Market”, a reality. (jacket)